How to Apply for FASTA Short Term Loans

FASTA is a quick finance provider with registration under South Africa’s National Credit Regulator (NCR). They provide fast, short-term loans with easy access and repayment options. Besides providing loans, FASTA also offers virtual credit card service (FASTACard), as well as Checkout service(FASTACheckout). FASTACard is a virtual credit card that enables you to shop in retail stores and pay later, with the payment covered by FASTA. FASTACheckout offers a credit (loan) service that allows you to shop for goods and pay at checkout directly on the retailer’s website. They service customers banking with ABSA, Capitec, First National Bank (FNB), Nedbank and Standard Bank. FASTA offers loans of up to R8,000 with repayment terms of up to three (3) months. Keep reading to learn more about FASTA short term loans and how to apply for them. A significant advantage of the FASTA loan application is that it is completely self-service.

How to Apply for FASTA Short Term Loans

To apply for FASTA loans, you only need to follow a few easy steps.

• Visit FASTA website
• Using the slider, choose the amount you need
• Choose number of repayments (instalments)
• Click on Apply now! (below the slider) to start your application.
• Enter your ID number (your South African ID number is your username) on the ‘Get Started’ page.
• For new customers:
  • You will receive a prompt to enter your personal details.
• For existing customers:
  • You will be receive a prompt to supply your password.
• Follow the online application process.

Documents/Requirements:

• Valid South African ID Number
• Be 18 years or older
• Earn a minimum monthly salary of R6000 for the last 3 months
• Have a valid bank account in your name
• Have a valid email address and mobile number
• Bank statements for the last 3 months

Other Information

• Application proccessing and verification is instant
• Funds typically reflect in your account within 48hours
• Your loan application will be declined if you do not meet requirements such as a good credit record and/or ability to repay.
• You must be willing to accept a DebiCheck mandate
• You must also be willing to complete a Face ID check.
• All personal data you share with FASTA are safe and secure.